Fonda, 73, wil play Leona Lansing, the CEO of a fictional cable news network's parent company who is more concerned with the business aspects than the reporting side of the company. Hmm, the alliterative name could be a nod to Fonda's ex-husband, CNN founder Ted Turner.

Fonda received two Best Actress Oscars for her roles in Kluteand Coming Home. Her TV credits include the ABC movie The Dollmaker, for which she won an Emmy, and a cameo in the failed Nine to Five adaptation.